Amino Technologies (AMO)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 143.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 148.50
  • 52 Week Low: 100.50
  • Currency: UK Pounds
  • Shares Issued: 76.04m
  • Volume: 0
  • Market Cap: £109.12m
  • RiskGrade: 138

Amino Technologies confident in expectations after 40% increase in orders

By Duncan Ferris

Date: Tuesday 17 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Internet protocol solutions provider Amino Technologies on Tuesday said full-year expectations were confirmed after the first half saw a 40% year-on-year increase in orders.
The AIM-traded company's unaudited results for the six months to 31 May showed 75% of expected full-year revenues have been secured while a good sales pipeline is in place for the remainder of the year.

Keith Todd, non-executive chairman, said: "The board remains confident in full year expectations. We are pleased to recommend a 10% increase in the half year dividend, in line with our progressive dividend policy."

Compared to the same period last year, the results showed a 17% fall in revenues to $41.2m and a 58% drop in adjusted profit before tax to $3.8m.

However, a statement from Amino said the company's board was unconcerned as the drops were due to order phasing by a major customer and greater second-half weighting as normal seasonality returns.

"It is encouraging to report material progress in delivering our three long-term strategic growth drivers - IP/Cloud TV Everywhere, Operator Ready Android TV and Upcycling Legacy devices to next generation TV experiences," said Todd.

TV Everywhere services have been deployed by Netherlands-based operator DELTA, while the company has already secured North American orders for Android TV and said it has a "solid pipeline of opportunities" in place for the Upcycling Legacy offering.

Amino Technologies' shares were down 3.18% at 197.02p at 0903 BST, .

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AMO Market Data

Currency UK Pounds
Share Price 143.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 148.50
52 Week Low 100.50
Volume 0
Shares Issued 76.04m
Market Cap £109.12m
RiskGrade 138

AMO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.28% above the market average8.28% above the market average8.28% above the market average8.28% above the market average8.28% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
64.08% above the market average64.08% above the market average64.08% above the market average64.08% above the market average64.08% above the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Income
54.88% below the market average54.88% below the market average54.88% below the market average54.88% below the market average54.88% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Growth
94.31% below the market average94.31% below the market average94.31% below the market average94.31% below the market average94.31% below the market average
91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average91.67% below the sector average

AMO Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Aug-19 04-Apr-19
Paid 02-Sep-19 26-Apr-19
Amount 1.68p 5.64p

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

AMO Key Personnel

CEO Donald McGarva
CFO Mark Carlisle

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